Heh. It's 4.189 out here at the end of things. Might have even gone over 4 before the new year -- I can't remember, not being a buyer of diesel these days, myself.Originally Posted by Roadbldr '59
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Heh. It's 4.189 out here at the end of things. Might have even gone over 4 before the new year -- I can't remember, not being a buyer of diesel these days, myself.
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Don't know what the "tipping point" will really be to force a lot of change, but I am inclined to believe that gas prices will not decrease much until living space is revamped to the point where most folks don't absolutely have to drive for survival. Most today except those living in large urbvan centers simply have no choice. But there probably is a lot less joyriding going on these days even though by the time the traditional peak travel season gets here in a couple of months we will be told the opposite.
Well. It finally broke the mark out here. $4.029 for the "cheap" stuff. Be sure to fill up before you drive out to the beach.
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Buy stock in Schwinn.
Ah yes. With all the piles of money coming out my ass. I was wondering what to do with that stuff...
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
The end of the recovery has arrived
Americans cutting back on gas consumption.
As noted above, investing in bicycle stocks is likely a good idea now.
You think we have it bad? A list-friend from New Zealand writes "Current petrol price 91 octane is about NZ$2.19/L - so US$6.65/Gallon if my maths is correct."
How to spot a shill, by John Michael Greer: "What you watch for is (a) a brand new commenter who (b) has nothing to say about the topic under discussion but (c) trots out a smoothly written opinion piece that (d) hits all the standard talking points currently being used by a specific political or corporate interest, while (e) avoiding any other points anyone else has made on that subject."
"If the shoe fits..." The Grey Badger.
Yah. And holy crap! I was poking around with yahoo's currency converter gizmo today and discovered the USD has tanked so badly already that the Ozzie dollar is worth more than it! I mean, the Loonie I could understand -- it's always been close. And rubles are back to about where they were four years ago, too (and back on that upward creep that we got to enjoy our whole three years there). But Ozzies were like $1.30AUD to the USD all of three years ago! WTF??*
Thank goodness we didn't change the entire proceeds from selling our house into American bucks.
------
*Of course, we all know exactly W the F is.
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Come on bro. You know there is no inflation happening here. Some folks even have charts saying so!
I guess you don't know what inflation is then. Prices rising due to supply and demand imbalances are not inflation. If those rises lead to general rises in prices and wages, then you have inflation. I've actually experienced inflation. We don't have that now ... at least not yet.
FWIW, changes in exchange rates aren't inflation either. They are also a supply and demand issue, except the demand is for dollars rather that commodities. Right now, the world has plenty of dollars.
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
Wow. Someone sure doesn't know what inflation is...
To clear up, inflation is a monetary phenomenon, expressing itself generally in rising prices overall, but specifically having its cause in a decrease in the value of a particular money.
When we have the USD decreasing in value relative to not only stuff (a contention so obvious at this point as to only evade the willfully-blind), but also other monies... that's textbook inflation.
A 'change in demand' for one currency over another is also not a primary driver -- much as you seem to want to make it be. Why has demand changed? Why do people see the USD as so much less-desireable a place to store whatever wealth they manage to get? Because they recognize that it is an inflating currency -- that is to say, because they see that wealth stored in USD is a losing proposition, relative to Ozzies, Kiwis, Loonies, Yen, Baht, Real, ... even Ringgit and Russian-fucking-Rubles (be very embarrassed).
Again, the shift-of-demand specifically in currencies is a sign of inflation. Not a precursor to it (although it may well be a near-precursor to hyper-inflation; not that such is assured by any means, of course).
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Well, I do know that the steak I paid $26.95 for two years ago is $32.95 today. The glass of wine sipped with it has gone from $7 to $8. And the gas to get to Jake's Grill is $4.05...up from around $3 or so in '09.
That looks pretty inflationary to me!
"Better hurry. There's a storm coming. His storm!!!" :-O -Abigail Freemantle, "The Stand" by Stephen King
I've noticed an uptick in restaurant prices also. The feast for four at Chicken Out, the frappacino at Starbucks, all higher than 2 years ago.
Two stations near me are charging $4.13 per gallon. I tanked up yesterday, and the retail price was about $3.96, but I got 30 cents off due to shopping at a partnering store (I think Chas '88 has the same deal).
I want people to know that peace is possible even in this stupid day and age. Prem Rawat, June 8, 2008
Wow. I'll quit bitching about prices out here at the End of All Things, I guess. We're only at $4.03/gal at the moment. I had no idea anywhere continental outside California was as bad as here. That really sucks, Jenny.
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Yep yep. As we all know there is no general rise in prices.
I think what's going on is that the "experts" are bending over backwards to not mention, or at least to downplay, the "I-word"...out of fear that doing otherwise would crash the economy (further).
Heh- they're probably right.
"Better hurry. There's a storm coming. His storm!!!" :-O -Abigail Freemantle, "The Stand" by Stephen King
Don't cry to hard for me. Those two stations are consistently 10-20 cents higher than most other nearby stores. Again, my last fill-up, I "only" paid about $3.65 or so a gallon, thanks to my 30 cents discounts.
Finally, since I drive a Prius, high gas prices don't impact me that much.
I want people to know that peace is possible even in this stupid day and age. Prem Rawat, June 8, 2008
Yep, I have the same deal.
Last I checked gas stations up where I live were $3.85. But where I work it got up to $4.05. It might have changed though, since I haven't driven in the last few days.
Having a stick-shift Mazda with very good gas mileage has been good overall these past few years, but not so great on my Grad Assistant's pay (6 thousand something for the academic year--luckily next year it'll double). I'm just glad that I've made it through this year without having to take out more loans to add to my undergraduate debt.
~Chas'88
"There have always been people who say: "The war will be over someday." I say there's no guarantee the war will ever be over. Naturally a brief intermission is conceivable. Maybe the war needs a breather, a war can even break its neck, so to speak. But the kings and emperors, not to mention the pope, will always come to its help in adversity. ON the whole, I'd say this war has very little to worry about, it'll live to a ripe old age."
You think we have it bad? Charlie Stross reports from Scotland "...since I last dusted off the car the price of petrol has hit £1.44 per litre at motorway service stations (about US $8.60 per US gallon for you foreign Johnnies, in case you were wondering — we're not far off $10/gal)."
How to spot a shill, by John Michael Greer: "What you watch for is (a) a brand new commenter who (b) has nothing to say about the topic under discussion but (c) trots out a smoothly written opinion piece that (d) hits all the standard talking points currently being used by a specific political or corporate interest, while (e) avoiding any other points anyone else has made on that subject."
"If the shoe fits..." The Grey Badger.
Yah; no big surprise. Gas outside Paris was over $7.50/gal (as it trigged out) back in December of 2009. There are plenty of places with gas prices higher than the States.
(In our part of which, by the by, we're now seeing no less than $4.099/gal.)
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Upp.. Now the lowest out here as of this morning is $4.119/gal
"Qu'est-ce que c'est que cela, la loi ? On peut donc être dehors. Je ne comprends pas. Quant à moi, suis-je dans la loi ? suis-je hors la loi ? Je n'en sais rien. Mourir de faim, est-ce être dans la loi ?" -- Tellmarch
"Человек не может снять с себя ответственности за свои поступки." - L. Tolstoy
"[it] is no doubt obvious, the cult of the experts is both self-serving, for those who propound it, and fraudulent." - Noam Chomsky
Surprising to me, yesterday the prices had dropped ten cents over night. So instead of being 3.99 it was 3.89. What the hell is going on folks?
~Chas'88
"There have always been people who say: "The war will be over someday." I say there's no guarantee the war will ever be over. Naturally a brief intermission is conceivable. Maybe the war needs a breather, a war can even break its neck, so to speak. But the kings and emperors, not to mention the pope, will always come to its help in adversity. ON the whole, I'd say this war has very little to worry about, it'll live to a ripe old age."
There is a possibility that the run-up was premature this year, and the peak has arrived too early for the specultors to make their Big Bucks(TM). Boo-hoo, I say.
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
The Memo price in Ohio today was $4.19. I say memo price because in Ohio all the stations go up to the same price within a few hours.
-Yesterday [10 MAY 2011], at $3.799/gallon.
